- As Bitcoin’s China-based hash rate plummets due to shutdown orders from regulators, Texas is emerging as an attractive option for Bitcoin miners.
- Miners argue that mining is just as good for Texas as Texas is for miners since the unique aspects of the industry’s electricity use can strengthen the state’s power grid.
- It’s possible, but it’s unclear how that will work in practice.
This feature story is available to
subscribers of The Block Daily.
You can continue reading
this Daily feature on The Block.